After selling Etherpad-maker AppJet to Google four years ago, former Y Combinator partner Aaron Iba is at work launching his next project.
After getting frustrated with all of the unused gift cards he would rack up over the holidays, he started Paygarden. It’s a way for businesses that aren’t the original gift card provider to accept the cards as an alternative form of payment.
“When I was working at Y Combinator, many startups had big challenges around payments — how were they supposed to grow revenue and get more users to pay?” Iba said. “But many users don’t have credit cards, or are unwilling to enter in their credit card numbers into a webpage.”
The big vision here is that providing these alternatives helps consumers pay for goods and services online without giving up too much information about their identities or compromising their privacy.
Businesses can integrate with Paygarden…
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